Likuiditas, Kebijakan Dividen, Leverage, Dan Non-Performing Loan Terhadap Nilai Perusahaan Bank BUMN Yang Go Public Di Indonesia

Abstract

This research will look at how liquidity (LDR), dividend policy (DPR), leverage (DAR & DER), and non-performing loans (NPL) affect the value of the company's publicly traded state-owned banks. The population in this research consists of state-owned banks listed on the Indonesia Stock Exchange. The non-probability sampling method with a purposive side technique was used in this study, and four state-owned banks were obtained as samples for a 10-year research period (2011-2020). PLS-SEM (Partial Least Squares Structural Equation Modeling) was used as a data analysis technique, and SmartPLS software was used as a data analysis tool. According to the study's findings, liquidity and non-performing loans has a significance impact on firm value. Firm value is unaffected by dividend policy or leverage